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ABB Nears Sale of Power Grids to Hitachi in $11 Billion ... Nears Sale of Power Grids to Hitachi in $11 Billion Deal Aaron Kirchfeld, Bloomberg News (Bloomberg) -- ABB Ltd. is nearing an agreement to sell about 80 percent of its power grids unit to Hitachi Ltd. in a deal that would value the entire business at about $11 billion, according to people familiar with the matter.

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